TIMELINE

  • October 30, 2016
    Largest Shari’a Compliant REIT in the World
    Largest Shari’a Compliant REIT in the World

    Emirates REIT is now the largest publicly listed Shari’a compliant REIT in the world both by total assets and by market capitalization.

  • October 12, 2016
    Equitativa receives exclusive Emiri Decree for Onshore Real Estate Investment in Ras Al Khaimah
    Equitativa receives exclusive Emiri Decree for Onshore Real Estate Investment in Ras Al Khaimah

    Equitativa Real Estate Limited (‘Equitativa’), the parent company of Emirates REIT Management (Private) Limited announces today that it has been granted an exclusive Emiri decree allowing current and future REITs and other collective investment funds that it manages to invest in Ras Al Khaimah.

  • September 28, 2016
    Emirates REIT to invest AED 88 million to build a new school in Dubai Investments Park
    Emirates REIT to invest AED 88 million to build a new school in Dubai Investments Park

    - Third school will increase REIT’s education sector portfolio to AED 709 million; 25.5% of total portfolio
    - Emirates REIT agrees 28-year lease with British Columbia Canadian School
    - New school development generates strong rental yields and secures long-term cash flow

  • September 18, 2016
    Awards from Wealth & Finance International
    Awards from Wealth & Finance International

    - Award for Excellence in Dividend Performance 2016
    - W&F Pioneer Award for Positive Growth in Real Estate.

  • September 18, 2016
    Completion of the Jebel Ali School
    Completion of the Jebel Ali School

    The new campus of the Jebel Ali School has been successfully completed and the students have already started the new academic year there.

  • August 16, 2016
    Emirates REIT reports 28% growth in rental income in H1 2016
    Emirates REIT reports 28% growth in rental income in H1 2016

    In the first half of 2016, rental income has grown to USD 20.9 million, an increase of 28.3% compared to the same period in the previous year.

  • June 30, 2016
    Distribution of the dividend relating to 2015
    Distribution of the dividend relating to 2015

    A final dividend of US$ 0.04 per share is distributed for the year 2015.

  • January 30, 2016
    Distribution of an interim dividend relating to 2015
    Distribution of an interim dividend relating to 2015

    An interim dividend of US$ 0.04 per share is distributed.

  • December 13, 2015
    Emirates REIT receives awards at the Islamic Business and Finance Awards
    Emirates REIT receives awards at the Islamic Business and Finance Awards

    Emirates REIT receives the "Best Investment Fund" and "Best Real Estate Finance Company" awards

  • August 3, 2015
    Acquisition of Jebel Ali School land plot
    Acquisition of Jebel Ali School land plot

    Emirates REIT to invest AED 208.3 million to acquire a freehold land plot and build a new school in Akoya Development

  • June 30, 2015
    Distribution of the dividend relating to 2014
    Distribution of the dividend relating to 2014

    A final dividend of US$ 0.04 per share is distributed for the year 2014.

  • January 31, 2015
    Distribution of an interim dividend relating to 2014
    Distribution of an interim dividend relating to 2014

    An interim dividend of US$ 0.04 per share is distributed.

  • December 7, 2014
    Acquisition of an additional half floor in the Index Tower
    Acquisition of an additional half floor in the Index Tower

    Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

  • October 1, 2014
    Emirates REIT selected to join the FTSE EPRA/NAREIT Global Emerging Markets Index
    Emirates REIT selected to join the FTSE EPRA/NAREIT Global Emerging Markets Index

    Emirates REIT is the 4th UAE company to join the index, after Emaar Properties, Aldar Proprties and RAK Properties.

  • June 30, 2014
    Distribution of the dividend relating to 2013
    Distribution of the dividend relating to 2013

    A final dividend of US$ 0.05 per share is distributed for the year 2013.

  • June 23, 2014
    Portfolio exceeds AED 2 billion
    Portfolio exceeds AED 2 billion

    With the acquisition of 15 further office floors in the Index Tower, the value of the properties of Emirates REIT exceeds 2 billion Dirhams.

  • June 23, 2014
    Acquisition of 15 further office floors in the Index Tower
    Acquisition of 15 further office floors in the Index Tower

    Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

  • May 19, 2014
    Acquisition of Le Grande Community Mall
    Acquisition of Le Grande Community Mall

    Le Grande Community Mall, is the retail component of Trident Grand Residence in Dubai Marina. It is a mixed-use residential and retail building situated in an established residential and commercial district of new Dubai.

    The ground and first floor are comprised of retail tenants that service the Trident Grand Residence Tower. It extends to a total of 22 individual retail units with additional customer seating areas and basement car parking (161 spaces)

  • April 8, 2014
    Listing on NASDAQ Dubai
    Listing on NASDAQ Dubai

    Emirates REIT shares are listed on NASDAQ Dubai. The stock is up by 5.88% on the first day with a volume of US$ 21,376,041.

  • March 11, 2014
    Intention To Float on NASDAQ Dubai
    Intention To Float on NASDAQ Dubai

    Emirates REIT announces it's Intention To Float.

  • January 26, 2014
    Share split by 100
    Share split by 100

    The shareholders of Emirates REIT approve a split of the shares by 100.

  • December 18, 2013
    Acquisition of the Index Tower - Car Park
    Acquisition of the Index Tower - Car Park

    Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

  • December 18, 2013
    Acquisition of an Office floor in the Index Tower
    Acquisition of an Office floor in the Index Tower

    Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

  • October 10, 2013
    Portfolio exceeds AED 1 billion
    Portfolio exceeds AED 1 billion

    With the acquisition of the GEMS World Academy, the value of the properties of Emirates REIT exceeds 1 billion Dirhams.

  • October 10, 2013
    Acquisition of the GEMS World Academy
    Acquisition of the GEMS World Academy

    GWAD is located within Al Barsha South in Dubai, a developing residential district of new Dubai situated between Jumeirah Village and Dubiotech.

    The property is a low-rise education complex situated on a plot of land with an approximate area of 459,614 ft2.

  • June 30, 2013
    Emirates REIT distributes it's final annual dividend relating to 2012
    Emirates REIT distributes it's final annual dividend relating to 2012

    A final annual dividend of US$ 2 per share is distributed for the year 2012.

    The total dividend distributed relating to the financial year of 2012 is US$ 5 per share.

  • May 7 - May 30, 2013
    Acquisition of the Index Tower - Retail
    Acquisition of the Index Tower - Retail

    Index Tower is a mixed-use property completed in 2010 and located in the DIFC (Dubai International Financial Center, a well-established commercial and retail area).

  • February 19, 2013
    Dubai Ruler Decree
    Dubai Ruler Decree

    HH Mohammed Bin Rashed Al Maktoum, Ruler of Dubai issues a Decree Authorizing the branch of Emirates REIT (CEIC) Limited to own properties anywhere in the Emirate of Dubai

  • January 31, 2013
    Emirates REIT distributes an interim dividend
    Emirates REIT distributes an interim dividend

    An interim dividend of US$ 3 per share is distributed for the year 2012.

  • June 19, 2012
    Acquisition of the Office Park
    Acquisition of the Office Park

    Located within Knowledge Village, a well-established commercial and education district in new Dubai. Commercial building catering to office and retail tenants including a supermarket and other F?B tenants.

    The property comprises an "L" shaped plot of land on a site area of approximately 128,412 square feet. The building was constructed in 2008 and is of reinforced concrete frame extending over two basement levels, ground, mezzanine, and seven upper floors.

  • June 19, 2012
    Emirates REIT distributes it's first dividend
    Emirates REIT distributes it's first dividend

    A dividend of US$ 2.55 per share is distributed for the year 2011.

  • December 8, 2011
    Acquisition of the Loft Offices
    Acquisition of the Loft Offices

    One of a cluster of three low-rise commercial buildings in Dubai Media City featuring a central courtyard and retail space in the central building.

    The buildings are leased to various commercial and retail tenants.

    The buildings are of reinforced concrete extending over one basement level, ground and five upper floors.

  • September 25, 2011
    Acquisition of Indigo 7
    Acquisition of Indigo 7

    Indigo 7 is located along the northern side of Sheikh Zayed Road within the Al Manara district of Dubai, a primarily residential district.

    The building is a low-rise development constructed in 2009 featuring retail and office components.

    The building covers an area of 15,000 ft2.

    Indigo 7 is currently anchored by one tenant operating two restaurants, Reem Al Bawadi and Crumbs.

  • June 27, 2011
    Acquisition of Building 24
    Acquisition of Building 24

    Low-rise building located in a prime area of Dubai Internet City a well-established commercial district of new Dubai.

    The property covers a land area of 41,036 ft2 and was constructed in 2005. The building is of reinforced concrete frame and extends over basement, ground, and three upper floor levels featuring retail and office space.

  • November 28, 2010
    Launch REIT
    Launch Emirates REIT

    The Dubai Islamic Bank and Eiffel Management launch Emirates REIT in the presence of HH Sheikh Ahmed Bin Saeed Al Maktoum and of HE Mohammed Ibrahim Al Shaibani